Northern Tiger President Greg Hayes on Yukon gold assays of 4.61 g/t gold over 35m
Northern Tiger Resources Inc TSXV:NTR announced assays from the Main Zone of its 3Ace Property in southeast Yukon. Highlights include
4.61 g/t gold over 35 metres (including 106.21 g/t over 1 metre)
2.51 g/t over 27.2 metres (including 6.8 g/t over 9 metres)
0.83 g/t over 14.3 metres
1.27 g/t over 5.6 metres
0.46 g/t over 12.1 metres
Northern Tiger may earn a 100% interest in the property under an April 2010 option agreement with prospector Alex McMillan. Northern Tiger will pay $500,000, issue two million shares and spend $700,000 over a four-year period. An annual advance royalty payment of $45,000 will start on the fifth anniversary of the agreement and will continue until commercial production begins. The agreement also allows McMillan an NSR.
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